Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Short Interest Up 218.8% in July

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 147,934 shares, a growth of 218.8% from the July 15th total of 46,406 shares. Based on an average daily trading volume, of 88,586 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.2% of the shares of the company are short sold.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

Shares of BSJU traded down $0.03 during mid-day trading on Friday, reaching $25.83. The stock had a trading volume of 4,312 shares, compared to its average volume of 67,027. Invesco BulletShares 2030 High Yield Corporate Bond ETF has a 12 month low of $25.22 and a 12 month high of $26.35. The business has a fifty day moving average of $25.77 and a 200 day moving average of $25.83.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.1477 dividend. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 6.9%.

Hedge Funds Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSJU. Legacy Financial Group LLC boosted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 20.1% during the 4th quarter. Legacy Financial Group LLC now owns 545,664 shares of the company’s stock valued at $14,225,000 after acquiring an additional 91,260 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 7.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 394,064 shares of the company’s stock valued at $10,287,000 after buying an additional 26,870 shares in the last quarter. Trinity Legacy Partners LLC raised its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.3% during the fourth quarter. Trinity Legacy Partners LLC now owns 352,132 shares of the company’s stock valued at $9,192,000 after acquiring an additional 7,752 shares in the last quarter. RPg Family Wealth Advisory LLC raised its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 1.7% during the 4th quarter. RPg Family Wealth Advisory LLC now owns 299,517 shares of the company’s stock valued at $7,819,000 after purchasing an additional 4,966 shares in the last quarter. Finally, Equitable Holdings Inc. raised its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 3.3% in the fourth quarter. Equitable Holdings Inc. now owns 264,456 shares of the company’s stock valued at $6,904,000 after acquiring an additional 8,335 shares in the last quarter.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Company Profile

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield corporate bonds with effective maturities in 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.